Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
CUMAX from Genk, company number BE0447440511, closed financial year 2024 with a result of € -7,087 after tax. For that financial year CUMAX recorded a gross margin of € 266,513 and equity of € 1.4 million. Compared with financial year 2023, the result moved from € -97,282 to € -7,087. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 1.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,087
▲ 93 % less loss than in 2023
Profit after tax over the fiscal year.
€ 77,274
▼ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
Debts at end 2024
€ 881,278
▼ 4% vs 2023
€ 131,518 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 132,488
▲ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,467
▲ 37% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 702,127 | € 283,286 | € 352,098 | € 266,513 | ▼ 24% |
| Profit after taxes | € 379,460 | € 10,461 | € -97,282 | € -7,087 | ▲ € 90,195 |
| Equity | € 1,518,057 | € 1,550,298 | € 1,453,016 | € 1,445,929 | |
| Total debts | € 1,255,176 | € 1,174,975 | € 1,053,730 | € 1,039,588 | ▼ 1% |
| Cash | € 244,437 | € 63,520 | € 133,876 | € 77,274 | ▼ 42% |
| Land & buildings | € 2,566,518 | € 2,621,303 | € 2,498,866 | € 2,447,002 | ▼ 2% |
| Retained profit | € 1,274,725 | € 1,306,966 | € 1,209,684 | € 1,202,597 | ▼ 1% |
| Bank debt | € 1,103,493 | € 1,091,060 | € 914,508 | € 881,278 | ▼ 4% |
| Balance sheet total | € 3,110,455 | € 3,011,772 | € 2,773,174 | € 2,741,037 | ▼ 1% |
Key figures of CUMAX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CUMAX?
What happened at CUMAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,087. filed late Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 379,460 profit in 2021 to € 7,087 loss in 2024.
Paid € 83,846 in corporate taxes since 2021.
Best year ever: 2021, with € 379,460 profit.
Management
Behind CUMAX are Monique TERMONIA and MODE CUYPERS NV.
Directors
According to the 2024 annual accounts
Monique TERMONIA
Director
Managing director · represented by Franc CUYPERS
Establishments
Establishment units
Physical locations of this company
Kiezelstraat 28
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.440.511
- VAT number
- BE 0447.440.511
- Registered office
- Kiezelstraat 28, 3600 Genk
- Names & denominations
- CUMAX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 1992
- Peppol
- Active · Active since 22 Apr 2026